Finance news – Page 241
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NewsMedia Bites 29 Sep: Fuel crisis, Unilever, Morrisons
Petrol stations will face disruption for up to a month even if people stop panic buying, industry figures have warned, despite ’tentative’ signs that the situation is starting to improve
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NewsFellow Creatures hits supermarket shelves after winning over plant-based investors
Vegan confectionery start-up Fellow Creatures has landed nationwide retail listings after securing six-figure backing from investors, including Veganuary founder Matthew Glover’s Veg Capital.
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NewsCity snapshot: AG Barr posts ‘record’ first half profits as out-of-home consumption rebounds
Irn-Bru maker AG Barr has posted record first half profits as the out-of-home soft drinks market rebounded, but warned second half margins will slide on rising costs.
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NewsMedia Bites 28 September: fuel crisis, Aldi, Patisserie Valerie
The growing fuel crisis dominates the front pages of the papers once again this morning.
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NewsCity Snapshot: Aldi to invest £1.3bn following record sales in 2020
Aldi has revealed plans to invest £1.3bn over the next two years in an attempt to grab a bigger share of the UK grocery market following sales hitting record levels in 2020.
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NewsMedia Bites 27 September: fuel shortages, Morrisons, Warburtons
The HGV driver crisis and the resulting shortages of fuel, turkeys, drugs are still making all the headlines in the weekend’s papers.
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NewsSneak energy drink disruptor sells majority stake to global PE house
The brand sells a range of sugar-free, clean-label powdered energy formulas and pre-mixed cans
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NewsSeabrook sales hike boosts Calbee profits
Newly filed accounts revealed 2020 turnover of £43.7m.
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NewsSteyaert to succeed Nervegna as Ferrero UK&I boss
Alessandro Nervegna will move into the role of chief business officer for the international area.
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NewsAston Manor reports record performance in face of Covid challenges
The cidermaker has posted a record performance in 2020 despite the hospitality sector battling mass disruption throughout the pandemic
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NewsEY-Parthenon hires Oliver Wyman consultant for consumer products team
EY-Parthenon has appointed retail specialist Duncan Brewer as partner to its consumer products and retail team
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NewsInnocent turns pandemic sales decline around
CEO Douglas Lamont told The Grocer “a steady return” of the impulse business as lockdown restrictions ended had led to “an encouraging” performance in 2021.
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NewsCity Snapshot: Consumer confidence hit by escalating inflation worries
Consumer confidence was dented in September on the back of growing anxiety about a potential cost of living crisis as gas prices shot up and food inflation looked set to kick in. Plus, Mexican fast-food chain Tortilla unveils plans for a flotation on London’s junior AIM market.
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NewsDalston’s eyes retail expansion as it beats £400k crowd target
Dalston’s has hit a £400k crowdfunding target within 24 hours of launching a campaign to help the challenger drinks brand’s ongoing recovery from the Covid pandemic.
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NewsMedia Bites 24 September: Driver shortage, inflation, Morrisons
A week of crisis continues, with the HGV driver shortage leading to disruption to Britain’s fuel supply.
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NewsConvenience stores to be ‘hard hit’ by business rates revaluation in 2023
The Valuation Office Agency adjusts the rateable value of business properties to reflect changes in the property market
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NewsSainsbury’s and Asda set to take at-risk EVCL Chill logistics operation in-house
The logistics provider is rumoured to be on the brink of entering administration
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NewsCity Snapshot: General Mills offers upbeat outlook after beating Q1 expectations
General Mills has posted sales and profits ahead of expectations in its first quarter as the US food group continues to reshape its portfolio. Plus, a trading update from Reckitt Benckiser and full-year results from Supermarket Income REIT.
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NewsMedia Bites 23 September: CO2, panic-buying, John Lewis
The fallout from the CO2 shortage continues to remain a hot topic for the papers this morning.
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NewsThe Cheeky Panda strengthens board ahead of IPO as Giles Brook invests in eco hygiene brand
The eco-hygiene brand has recruited serial entrepreneur and investor Giles Brook to strengthen its board ahead of an earmarked blockbuster IPO